April 3 (Bloomberg) -- Treasuries were little changed, snapping yesterday’s losses, on speculation a government report will show the U.S. unemployment rate climbed in March to the highest level in 25 years.
Deflation is the biggest risk in the economy, and government notes are poised to reverse some of this year’s decline, strategist Mike Turner at Aberdeen Asset Management Plc wrote in a report. Yields indicate inflation forecasts among traders fell this week for the first time in a month, as a Bloomberg News survey of economists showed the jobless rate rose to 8.5 percent in March from 8.1 percent the previous month
